As some you know I almost broke in to a FO role at BB last month. This would have been huge because I come from a non-target and have zero internships and a modest GPA. I lost out because of some BS reason. You can read the story below.
//www.wallstreetoasis.com/forums/i-almost-broke-in
Well sh*t just got real. I received a call about 20 mins ago from the recruiter who cut me loose. Apparently the hiring manager really does want me on the team. So, they have decided to do something they have never done before. Next week I will have to go to the BB’s Houston office and face a panel of 5 senior level people.
I will have to convince this panel that I am worth the headache of overriding Compliance. The recruiter said this will be a very “intense” interview and I will have to wow them. She has no idea on the structure but knew my compensation would be the last topic covered. She used the example of a court room. That I would be the lawyer and the 5 seniors being the judges.
Any ideas on what to expect? It is PWM at a BB and also a client facing role and liaison to a handful of PE firms and HF firms in Houston, San Fran and LA.
Banks tend to have some of the best HR people in the industry, but the hiring manager is the one you should be really talking to. Give him a call.
IP Thanks but how should I pharse it? Something like , "What should I expect from the panel" "What should I brush up on?" If I put it the wrong way it could come across bad like I am trying to cheat the interview.
Not sure what specifically you might expect, but certainly be ready to be on your game.
Congrats on the turn of events given your prior predicament. Yours for the taking now...
Yeah I need to be sharp. I just wish I knew what the heck this was. A fit? Tech? both? inquiry about my u5? When the recuirter says this has never happen in her 15 yrs with the firm its kind of werid. This came out of nowhere I was already looking a new jobs even new industries. Its like I was playing the field and the ex gf just called and asked to get back together if her parents approve.
Funny analogy - yes, it's like that. Is it fit / tech? does it matter? you better have the WSO guides by now and you better do at least 10 mock interviews and have your friends or a Wall St. Mentor grill you so that you are ready...
[i can hear the 8 mile soundtrack now]
Tell him you got a call from HR and there's another round of interviews. Explain what you heard on the phone, but wanted to get his take on what's going on and what you should expect. I'm assuming you interviewed with him, right?
He is not on the panel but his boss and his boss's boss will be. I will still hit him up and see what he knows. Good idea!
Good luck bro. They are going to be looking for a reason that this isn't worth their time and effort so don't give it to them. Read up on the guides, know answers to all the standard fit questions and go in with the confidence that they wouldn't be doing this if they didn't really want you on board.
True and thanks. I am going to try an recall as much as I can from the guides and just try and go in then relaxed. Still at my age this could be my last shot
pauly, if you actually bought the guides you can e-mail Ivy@wso and she'll get you new PDF copies. You dont want to try and "recall as much as you can"....you want to know EVERY SINGLE question and make sure you have all of your fit answers down cold.
tell them you only got three things in the world: your word, and your balls, and you don't break em for nobody.
Good luck dude
Good luck man, this is like watching a movie. Keep us updated!
I've been working in a finance for a little while now and haven't heard of something like this happening for a junior role. Keep us posted. GL
I know this just seems odd and yes very much like a movie. You said you never seen a junior level go through this. Have you seen a Senior? what was it like?
The situation was different. It was a trading team and there were questions about their previous non-disclosures. All legal stuff. I tend to agree with the guy above. If they are going through all of these motions I'd say the value you pretty damn highly.
Know everything, but to me it sounds more like a fit-type of interview. Your value add, prior examples, etc. that type of stuff.
Again, best of luck.
prepare well and go crush the interview
Good luck! this is a very unusual move, but it requires a lot of logistics on their part, so they must be pretty interested. Seems like you are passionate enough - make sure that translates. And be very sharp with any technical stuff they could throw at you. And I would also echo the advice to get in touch with the MD and see what the expectations are.
Let us know how it goes.
Cool man I will just be honest and myself. That would be trippy to be valued to highly. That has never been the case. It looks like I have to give the interview of my life against an intense panel to finally break in. Wow this is real life but does seem like a tv movie lol.
I do want to thank the entire WSO community. I was doing so many things wrong before I came on this site and now this. I have a BB bending over backwards to get me on the team.
sorry... i don't understand this.. what is this talk about getting around "compliance"?
have you been convicted of a crime or something or are these "senior" guys not senior enough to tell HR to process your contract and give you your start date?
yeah, what's this compliance issue??? warning warning!
I have something on my U5. I signed a 3 yr contract for my pervious firm. They laid me off before my 3 yrs so I was in violation of the contract and they put a negative statement on my u5. Sounds unfair but it happened. (you can read the story inbedded for more info) The Seniors can override Complaince that is the purpose of the interview. I have to convince them I am worth it. The guy who wants me on his team isnt senior enough but got his bosses to give me shot.
An "intense" PWM interview at a regional BB office with 5 senior managers just to get around "compliance"? I can't take any part of that seriously.
Ahhh Flake is funny again
TBH this makes no sense. These "senior" people most not be that senior or they want to have an orgy with you. Getting 5 senior people together anywhere to do anything at any huge corp is nearly impossible so the fact that they are doing for an interview is borderline ridiculous.
You said this was for PWM also...makes even less sense.
Sounds like a clueless recruiter feeding bull shit to a clueless OP.
Maybe. I don't have an idea and she said she didn't either. The senior people are the senior people at the Houston office not corp wide.
Good luck. I had to go through something similar (not 5 people though) and the decision week was easily the most stressful period of my life. Just stay cool and know your shit and you'll be all good.
good luck...
I would literally go in there confident and relaxed as can be. Do your homework and study first. I would try to talk to them like normal people outside of work. They might start to like you, and probably wont show it. What you actually say is important, but not crucial. As long as you make sense and they can tell you're intelligent, they'll just want someone who is a normal and decent human being. We're all just normal guys at the end of the day.
*If they've really never done this before then they won't exactly know how to act either. If they've never done this before than you aren't being measure against anything.
**I agree with the above poster that if they're bringing you into their office taking up the time of 5 executives instead of them making money for the firm, then all you need to do is not blow it, which is way easier said than done. Ok I'm done, good luck, the merlot is tasting great tonight.
Not to be a dick but this is pretty ridiculous for a PWM position.. basically glorified sales...
^fixed for you
am i the only that thinks this sounds a little farfetched?
no offense
“If you were shrunk to the size of a pencil and put in a blender, how would you get out?”
http://www.huffingtonpost.com/2010/12/30/job-interview-questions_n_8026…
Either way, this sounds like one of those times where you need to pitch your story right to hit a home run. Capture it and don't let it slip!
Congrats, but if they are bringing "5 senior level" people to interview you for a PWM position.. I would expect them to make you extremely uncomfortable with every anwser you provide. Even if you are right, they will find a way to tell you that you are wrong.
Since PWM is going to require a lot of anwering tough questions from clients.. they want someone that can handle the clients (which are high net worth inidividuals and oftentimes douchebags, for the most part).
Is this an entry level PWM position? Seems a bit overboard for a BB to bend over backwards .. I thought they handed these out for breakfast.
You can thank me latter OP. Will be interesting to work with a WSO user.
We are forwarding this thread around the office btw. I also sent it to the people who will be intervewing you. Some one said shoudn't be to long of an interview only about 2 hours, GL!
If I was in this office and found this, I'd have a copy printed out for each of these 5 people, and one for OP when he comes in, and ask him to walk me through it.
thanks Blastoise always love your post you are a funny guy. So is Flake even at my expense i can laugh. I hate I can't give alot of info but this is a very strange situation and unique. Do I think it's stupid....yes but this is the hand I was delt.
I have found out more information from the MD. In May I went through 4 interviews (fit, tech) for this job I did very well. These managers just want me to explain my u5 and make sure I know my stuff (no more then 30 mins)This isnt sales (I do that already) and it isnt entry The reason for the panel is because I am in the ER and CFA program and the firm won't pay for my classes unless my job requries them (current job doesnt new job does)I had to provide writing samples back in May.
I want to thank everybody for the advice. The MD's email cleared everything up. Now I just need to know my firm's AM and PMW because I'm where they overlap. My MD is in AM and so is this jobs req number but the recuirter is PWM.
It's less than $1,000 for the CFA exam + books... Study yourself instead of making a big deal of it and costing yourself a potential job.
My job didn't pay for the CFA so I got the CFAI to cover them (LI and LII) for me (google CFAI Scholarships)
Good luck OP
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